Cyprus Hosts 2nd MED9 Ministerial Meeting On Energy; OPEC Fund and Evocabank Partner on $10 Million Loan and More...

Cyprus will host the 2nd MED9 Ministerial Meeting on Energy, aimed at enhancing energy cooperation among nine Mediterranean member states of the European Union. Under the leadership of Minister of Energy, Trade and Industry Mr. Giorgos Papanastasiou, the meeting will take place at the Radisson Blu hotel in Larnaca from 9:00 AM to 3:00 PM.

The The OPEC Fund for International Development has entered into a $10 million loan agreement with Evocabank CJSC aimed at bolstering micro, small, and medium-sized enterprises (MSMEs) in Armenia. The lending initiative will primarily focus on women-led businesses and projects that enhance energy efficiency and renewable energy, promoting climate action in the region.

Voltalia has launched its new agrivoltaic demonstrator in Poisy, Haute-Savoie. This innovative project aims to explore the interaction between solar infrastructure and cattle farming.

AM Green Technology and Solutions B.V., a prominent player in the energy transition sector, has announced the signing of binding agreements to acquire Finland-based Chempolis Oy and Fortum 3 B.V. This strategic acquisition underscores AM Green’s commitment to developing innovative, technology-enabled solutions aimed at global decarbonization.

In a move to accelerate the Philippines’ shift toward a green economy, the International Finance Corporation (IFC) has joined forces with the European Union (EU) under the Green Economy Programme for the Philippines (GEPP), part of the EU’s Global Gateway initiative.